NICSA INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- NICSA INC (EIN 04-3044983)
- Tax period
- 2024-04-01 to 2025-03-31
- Filed
- 2025-07-01
- IRS object ID
- 202541829349301534
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-07-01T14:57:09-05:00 | ReturnTs |
| Tax Period End | 2025-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 582676261 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rogers & Company PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8300 Boone Boulevard Suite 600 | AddressLine1Txt |
| City | Vienna | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22182 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043044983 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NICSA Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NICS | BusinessNameControlTxt |
| Phone | 5084851500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 Federal Street Suite 1900 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021101861 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James A Fitzpatrick | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 5084851500 | PhoneNum |
| Signature | 2025-06-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lori A Collingsworth | PreparerPersonNm |
| PTIN | P00639819 | PTIN |
| Phone | 7038930300 | PhoneNum |
| Preparation | 2025-06-30 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | James A Fitzpatrick | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 Federal Street Suite 1900 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021101861 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,233,106 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | http://www.nicsa.org/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | NICSA is the leading provider of independent education and networking forums to professionals in the global investment management community. | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 14 | TotalEmployeeCnt |
| Total Volunteers | 700 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $64,495 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,146,849 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,184,062 | CYProgramServiceRevenueAmt |
| PY Investment Income | $34,043 | PYInvestmentIncomeAmt |
| CY Investment Income | $46,515 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$40,308 | PYOtherRevenueAmt |
| CY Other Revenue | $2,529 | CYOtherRevenueAmt |
| PY Total Revenue | $2,205,079 | PYTotalRevenueAmt |
| CY Total Revenue | $2,233,106 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $10,600 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,375,688 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,415,775 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $848,239 | PYOtherExpensesAmt |
| CY Other Expenses | $900,755 | CYOtherExpensesAmt |
| PY Total Expenses | $2,234,527 | PYTotalExpensesAmt |
| CY Total Expenses | $2,316,530 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$29,448 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$83,424 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,440,460 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,551,759 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $833,823 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,028,546 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $606,637 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $523,213 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | NICSA provides the Global Investment Management Industry with discussion and education forums to better serve its customers by developing operational best practices. See Schedule O for Continuation | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $651,107 | ExpenseAmt |
| Revenue | $505,990 | RevenueAmt |
| Desc | Annual Conference: NICSA Strategic Leadership Forum and expo provides educational and networking opportunities for its membership. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $472,792 | ExpenseAmt |
| Revenue | $362,569 | RevenueAmt |
| Desc | Asset & Wealth Management Summit: NICSA facilitated a National Meeting that provided education and networking opportunities for its membership. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $382,315 | ExpenseAmt |
| Revenue | $169,006 | RevenueAmt |
| Desc | Symposium: NICSA's Fearless Leadership Symposium brought together attendees to explore how inclusive leadership can enhance productivity and promote growth through powerful keynotes, interactive panel discussions and actionable takeaways from companies leading the DEI charge in our industry. The Symposium highlighted bold business practices aimed at supporting the long-term sustainability of global asset management. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (4 entries)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|
| $301,756 | $425,000 | Diversity Project: The goal of the Diversity Project is to accelerate progress toward a more inclusive culture across all demographics including gender, ethnicity, sexual orientation, age and disability. The Diversity Project will also focus on enhancing the financial services industry brand within higher education and developing and sharing leading practices across member firms. |
| $211,061 | $683,997 | Membership Services: NICSA offers members opportunities to develop leading practices through participation on committees, access to compliance guides and other services. |
| $82,326 | $37,500 | Training and Desktop Education: NICSA provides its members with timely, interactive webinars on a variety of topics and provides its members with other educational materials and programs. |
| Blackwell Scholarship: The NICSA/William T. Blackwell Scholarship Fund was established as a tribute to Bill Blackwell's commitment to education and to recognize outstanding students of the NICSA family with financial and social support for postsecondary education. Blackwell Scholars receive up to four years of scholarship support, a mentor from a NICSA member company, and access to career networking and internship opportunities. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $595,143 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $1,146,497 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $2,101,357 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 14 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Organization | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5084851500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 Federal Street Suite 1900 | AddressLine1Txt |
| City | Boston | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 021101861 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Clint Harris | |||||||
| Chairman | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Scott Brady | |||||||
| Chairman through 10/1/2024 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Stacy Bernstein | |||||||
| Vice Chairwoman | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| David Rosen | |||||||
| Vice President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Kevin Mahn | |||||||
| Vice President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Janet Bienkowski | |||||||
| Vice President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Ryan Burns | |||||||
| Vice President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Kirsten Pickens | |||||||
| Vice President | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| John Stadtler | |||||||
| Vice President | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mark Lavan | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dan Moorman | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Frieda Lewis | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Chris Keller | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mike Melles | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jennifer McGovern | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Ken Cawley | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Steve Rueschhoff | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Cindy Schreiner | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Kelli O'Brien | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mike Mastroianni | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| John Gray | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Andrew Strnad | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dan Houlihan | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Brooke Marajo | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Stephen Patrickakos | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Christine Waldon | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Stacy Veleker | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Brian Shlissel | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Chris Goff | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jocelyn McBride | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Stella Mink | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Tiffani Potesta | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Angela Morales | |||||||
| Director through June 2024 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Christine Selmi | |||||||
| Director through June 2024 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jim Fitzpatrick | |||||||
| President & CEO | 40.00 | Yes (X) | $470,000 | $0 | $36,255 | ||
| Allison Lovett | |||||||
| Vice President | 40.00 | $111,875 | $0 | $0 | Yes (X) | ||
| Justine Phoenix | |||||||
| Vice President | 40.00 | $142,300 | $0 | $0 | Yes (X) | ||
| Kelly Sherrard | |||||||
| Vice President | 40.00 | $147,375 | $0 | $18,979 | Yes (X) | ||
| Allison Walsh | |||||||
| Vice President | 40.00 | $133,905 | $0 | $12,296 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,005,455 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $67,530 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Membership Dues | 900099 | $683,997 | $683,997 |
| Strategic Leadership Forum | 900099 | $505,990 | $505,990 |
| Diversity Project | 900099 | $425,000 | $425,000 |
| Asset & Wealth Management Summit | 900099 | $362,569 | $362,569 |
| Symposium | 900099 | $169,006 | $169,006 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,500 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $37,500 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,184,062 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $46,515 | TotalRevenueColumnAmt |
| Exclusion | $46,515 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other revenue | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $2,529 | TotalRevenueColumnAmt |
| Exclusion | $2,529 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,529 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,233,106 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,184,062 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $49,044 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $506,255 | TotalAmt |
| Program Services | $455,630 | ProgramServicesAmt |
| Management And General | $50,625 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $787,501 | TotalAmt |
| Program Services | $721,326 | ProgramServicesAmt |
| Management And General | $66,175 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,364 | TotalAmt |
| Program Services | $11,251 | ProgramServicesAmt |
| Management And General | $1,113 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,888 | TotalAmt |
| Program Services | $27,560 | ProgramServicesAmt |
| Management And General | $2,328 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,767 | TotalAmt |
| Program Services | $72,588 | ProgramServicesAmt |
| Management And General | $7,179 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,024 | TotalAmt |
| Program Services | $787 | ProgramServicesAmt |
| Management And General | $237 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,737 | TotalAmt |
| Management And General | $51,737 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,821 | TotalAmt |
| Program Services | $10,080 | ProgramServicesAmt |
| Management And General | $741 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,948 | TotalAmt |
| Program Services | $1,900 | ProgramServicesAmt |
| Management And General | $48 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,176 | TotalAmt |
| Program Services | $50,756 | ProgramServicesAmt |
| Management And General | $19,420 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,275 | TotalAmt |
| Program Services | $84,508 | ProgramServicesAmt |
| Management And General | $7,767 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,767 | TotalAmt |
| Program Services | $80,192 | ProgramServicesAmt |
| Management And General | $1,575 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $554,357 | TotalAmt |
| Program Services | $554,357 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,847 | TotalAmt |
| Program Services | $11,158 | ProgramServicesAmt |
| Management And General | $689 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Dues & Subscriptions | Desc |
| Total | $24,803 | TotalAmt |
| Program Services | $19,264 | ProgramServicesAmt |
| Management And General | $5,539 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,316,530 | TotalAmt |
| Program Services | $2,101,357 | ProgramServicesAmt |
| Management And General | $215,173 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $280,269 | BOYAmt |
| EOY | $216,208 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,069,409 | BOYAmt |
| EOY | $965,924 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,959 | BOYAmt |
| EOY | $306,048 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,823 | BOYAmt |
| EOY | $63,579 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,440,460 | BOYAmt |
| EOY | $1,551,759 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $286,049 | BOYAmt |
| EOY | $273,941 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $547,774 | BOYAmt |
| EOY | $754,605 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $833,823 | BOYAmt |
| EOY | $1,028,546 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $606,637 | BOYAmt |
| EOY | $523,213 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $606,637 | BOYAmt |
| EOY | $523,213 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,440,460 | BOYAmt |
| EOY | $1,551,759 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$83,424 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $140,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $48,355 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $43,895 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $64,495 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $296,745 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,644,822 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,069,095 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,210,730 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,146,849 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,184,062 | CurrentTaxYearAmt |
| Total | $10,255,558 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,200 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,111 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,706 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,740 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,529 | CurrentTaxYearAmt |
| Total | $54,286 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,786,022 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,133,561 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,266,331 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,234,084 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,186,591 | CurrentTaxYearAmt |
| Total | $10,606,589 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $538,481 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $480,508 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $285,633 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $307,930 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $267,541 | CurrentTaxYearAmt |
| Total | $1,880,093 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $538,481 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $480,508 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $285,633 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $307,930 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $267,541 | CurrentTaxYearAmt |
| Total | $1,880,093 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $8,726,496 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $270 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,233 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $34,043 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $46,515 | CurrentTaxYearAmt |
| Total | $92,103 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $270 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,233 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $34,043 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $46,515 | CurrentTaxYearAmt |
| Total | $92,103 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,786,292 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,133,603 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,277,564 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,268,127 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,233,106 | CurrentTaxYearAmt |
| Total | $10,698,692 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.81570 | PublicSupportCY509Pct |
| Public Support PY509 | 0.83550 | PublicSupportPY509Pct |
| Investment Income CY | 0.00860 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00490 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,233,106 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,233,106 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,233,106 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,316,530 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,316,530 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,316,530 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | NICSA follows the Financial Accounting Standards Board Accounting Standards Codification, which provides guidance on accounting for uncertainty in income taxes recognized in NICSA's financial statements, if any. As of March 31, 2025, NICSA had no unrecognized tax benefits related to uncertain tax positions in its information return that would qualify for either recognition or disclosure in its financial statements. NICSA's policy would be to recognize interest and penalties on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. Through March 31, 2025, there have been no matters that would have resulted in an accrual for interest and/or penalties. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jim Fitzpatrick | ||||||||||||||
| President & CEO | $270,000 | $0 | $200,000 | $0 | $0 | $0 | $0 | $0 | $36,255 | $0 | $506,255 | $0 | $0 | $0 |
| Kelly Sherrard | ||||||||||||||
| Vice President | $134,875 | $0 | $12,500 | $0 | $0 | $0 | $4,185 | $0 | $14,794 | $0 | $166,354 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 1: Mission Continuation | NICSA forums enable associates of asset managers, distributors, and service providers to: Collaborate to establish standards for operational best practices to assist compliance with regulations and continuously improve operating performance. Stay up-to-date on the latest developments through education and Information sharing. Learn about trends in all types of investment vehicles, including mutual funds, hedge funds, unit investment trusts, UCITS and ETFS. Connect members with peers to network and learn from each other, and foster skills that can help advance careers. |
| Form 990, Part VI, Section A, line 1a | The officers shall serve as the Executive Committee. The Executive Committee may exercise the powers of the Board of Directors between meetings on all matters requiring immediate attention and not otherwise delegated herein, and shall carry out such other responsibilities as may be designated by the Board of Directors. The Executive Committee shall advise the Board of Directors as to the need to appoint additional committees and shall, by majority vote, appoint the Chair of each committee. |
| Form 990, Part VI, Section A, line 6 | The organization has members. |
| Form 990, Part VI, Section A, line 7a | Each member organization shall designate one nominee as its representative and may designate one or more alternate nominees. Such nominees shall be employees of the member organization. |
| Form 990, Part VI, Section B, line 11b | A draft of the Federal Form 990 is circulated to the Board of Directors for review prior to filing with the IRS. Any questions are collected and resolved. The Audit Committee approves the final Federal Form 990 to be filed. |
| Form 990, Part VI, Section B, line 12c | The organization requires an annual written disclosure that all directors must sign confirming that they are in compliance with the Conflict of Interest Policy and must be updated throughout the year as necessary. |
| Form 990, Part VI, Section B, line 15 | The compensation of the President and top management positions are determined by the Executive Committee consisting of members of the Board of Directors. The Committee considers performance as well as comparability data when determining compensation. The full Board of Directors approves the President's compensation based upon recommendation from the Executive Committee. |
| Form 990, Part VI, Section C, line 19 | The organization makes it governing documents, conflict of interest policy and financial statements available to the public upon request. |
| Form 990, Part XII, Line 2c: | The organization's Audit Committee is responsible for the oversight of the audit and the selection of the independent accountant. This process has not changed from prior years. |
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